Episode #221: Special IAA Mobility Edition!

Tu Le and Lei Xing bring you inside Europe’s biggest auto show where Chinese EV makers and global legacies collide.

We break down:
 • Volkswagen Group’s push into €25K EVs (Cupra, ID Polo, Skoda Epiq)
 • BMW’s Neue Klasse iX3 vs. Mercedes’ all-new GLC EV
 • Polestar 5 sedan launch — is it too late?
 • BYD’s massive European push (Seal 6 DMI Touring, Dolphin Surf, Denza flash-charging)
 • XPeng, Changan, Leapmotor and the “second wave” of Chinese OEMs storming Europe
 • Partnerships everywhere: Valeo–Momenta, Bosch–WeRide, Qualcomm–QCraft
 • The rise of Chinese lidar (Hesai, RoboSense) and chipmakers (Horizon, Black Sesame)

00:00 Introduction to Mobility Munich Special Edition

01:44 Volkswagen Group's New Electric Vehicles

05:22 BMW vs. Mercedes: Competing Electric Models

10:26 Chinese OEMs Making Their Mark in Europe

15:35 Reflections on Day One of the Event

20:40 The Future of EVs and Industry Partnerships

25:37 Closing Thoughts and Future Events

👉 Subscribe for unfiltered insights on how China’s EV juggernauts and Europe’s auto giants are battling for the future of mobility.

🔑 SEO Keywords
China EVs & More, Tu Le, Lei Xing, Sino Auto Insights, IAA Mobility Munich 2025, Volkswagen Group EVs, Cupra EV, VW ID Polo, Skoda Epiq, BMW Neue Klasse iX3, Mercedes GLC EV, Polestar 5, BYD Seal 6 DMI, BYD Dolphin Surf, Denza EV Europe, XPeng Europe strategy, Changan Deepal S05, Leapmotor Europe launch, Horizon Robotics, Black Sesame Tech, Momenta ADAS, Bosch WeRide, Qualcomm QCraft, Hesai lidar, RoboSense lidar, Chinese EVs in Europe, EV price war Europe

Transcript

Tu Le 
 Hi everyone and welcome to a special edition, a IAA Mobility Munich special edition of China EVs and more with my co-host Lei Xing. In this special edition, we'll be talking about the last couple of days we've been here in Munich. Lei will talk about his adventures, planes, trains, automobiles, and everything is here except his luggage, but he's been a trooper about it. And so
 
 Lots has been happening. The Germans showed up this year, two years ago. They were a little bit absent, but we'll get into all of that. Lei, can you please introduce yourself?
 
 Lei Xing 
 Yeah, this is your co-host and special edition live from Messestadt West, which is the west entrance to the Messe Munchen, where the IAA part of the IAA Mobility is being held. I'd rather not talk about my adventure. I'd rather talk about what we've seen, the sights and sounds.
 
 Tu Le 
 Well, let's start with that. Let's start with that.
 
 Lei Xing 
 The only thing I will talk about is I missed the first day because of my flight delay, which I think you can talk a little bit more about.
 
 Tu Le 
 But you had a flight delay because I think there was a storm.
 
 Lei Xing 
 There's a weather, some weather issue, yeah. Tornado.
 
 Tu Le 
 So for the purposes of our timing, I got here on Saturday morning, spent an entire morning and afternoon riding a bike around the lake that is on the Austrian-German border and was super tired. But Lei was also supposed to arrive Sunday morning, but that was the delay.
 
 Lei Xing 
 In
 
 time to catch some of the events in the early afternoon which I ended up arriving in the early afternoon hence missing the events.
 
 Tu Le 
 The
 
 first event you missed was the Volkswagen Group event, which was...
 
 Lei Xing 
 It used to be the Volkswagen Group night, but it was the Volkswagen Group afternoon.
 
 Tu Le 
 And this was, well, especially about this night was at the IAA. Is it normally at the IAA or is it normally?
 
 Lei Xing 
 Well normally they would have a separate site. But they had it at the booth which is the IAA summit as part of the IAA.
 
 Tu Le 
 And I was lucky enough to attend. Big announcements. Four vehicles off the MEB Plus platform that are targeted for 25,000 euros and below. A Cupra, an ID Polo from Volkswagen, and Skoda Epiq. And they showed the cross concept. finally, well not finally, but they also showed the TT concept.
 
 the Porsche 911 Turbo and surprisingly Scout was here and they showed off a Terra. So I think that was kind of a surprise to most of the European media that were attending the event.
 
 Lei Xing 
 Well, I ended up watching the replay later in the evening and you know, we're in Munich, the Volkswagen Group Night. There wasn't a lot of China stuff in it and all the vehicles launched were in Europe for Europe. But then I was thinking everything had to do with China because the electric urban car family, the Forvias models you talked about.
 
 is in the 25,000-euro range, which is, you know, in the coming China EVs, you know, that's Volkswagen's answer, basically, right? So it has everything to do with China. And Oliver Blume he did mention the Chinese market. One is the price war. The other is the speed of innovation. And then he did mention about China going into delivery mode.
 
 Which I think next year for Volkswagen, everywhere in the world, especially in Europe with those Forvias vehicles, they're entering delivery mode. The true delivery mode, the true test of this latest round of updated, smartified electric vehicles. Can they challenge the Chinese? Question mark.
 
 Tu Le 
 Let's blow this out to the 100,000 foot level. Now we're looking at Ford, GM also launching affordable electric vehicles in the next 12, 18 months. And we have Rivian, we have Lucid also looking at $40,000 vehicles. So it seems like within the next 24 months, we're going to have a gaggle of affordable vehicles if
 
 the legacies can execute on their announcements. And I'm going to point back to GM and Ford talking about selling a million units of EVs by 2030. We know that didn't happen, and so we know that's not happening. And so I think most people are in see it to believe it mode. But what do you think?
 
 Lei Xing 
 The other caveat is...
 
 It's starting price at 25,000 euros. Right? there's, you know, think about once they actually launch, can they still compete at that kind of price? We don't know. But at least one number I did remember was this Forvias electric urban car families, they're going to be saving about 600 million euros in a life cycle because all Forvias will be produced in Spain. And Cupra is actually leading the development.
 
 which was interesting but I think it's trying to the efficiency maybe part of it with their launching.
 
 Tu Le 
 huge coup for the country.
 
 Well, it's definitely going to help them try to get to that target 25,000 euro with the labor rates being cheaper in Spain than in Germany. Now, as I was sitting there, sitting with a few of the other journalists that we know, I couldn't help but think as these cars are each rolling separately onto the stage.
 
 and the media really, really, I think, soaking it all in was the fact that these cars are already here. They're just not badged with Volkswagen Group logos, and they're sold in China. I'll have to take a look at the feature by feature, and we'll take a look at that to see.
 
 the features that they anticipate to have, the range that they anticipate to have, the speed of charging that they anticipate to have, to see if that's already available in China. And my guess is that it is, and it's going to be a little bit cheaper in China than it is in Europe. Well, hold on a second.
 
 Lei Xing 
 Some VIPs be a CEO of or something? don't know. the other thing about Volkswagen is the renaming of the ID convention. Whereas the numbers are now going to ID Polo, ID Cross, which is the electric version of their popular nameplates. That's the other direction that they're kind of going. ‚Åì
 
 Tu Le 
 So be at peace.
 
 And
 
 we should mention because I got here Saturday morning as I said and then you got here on Sunday. BMW had their evening on Friday night so we both missed that. And they launched their latest iX3 with the brand language Neue Klasse And Mercedes on Sunday night had a big event to launch a GLC so right now there's a
 
 Lei Xing 
 On the fifth.
 
 Tu Le 
 competition between the iX3 and the GLC and you know I'm still letting it marinate but maybe you can talk a little bit about what what's special about the iX3 and the the the GLC.
 
 Lei Xing 
 Well first of all they're the same segment. Also they're one of the probably I know the GLC is the top selling Mercedes in all their lineup. I'm not sure about the iX3 it could be the i- it could be the 3 Series probably top selling but they're competing directly they're going into their next generation electric platforms.
 
 Tu Le 
 It's the same segment but going at it completely different.
 
 Lei Xing 
 Neue Klasse
 
 is not one model, it's their next generation of vehicles. Language with their all new cockpit style, the iDrive, Panerik.
 
 Tu Le 
 It's a language?
 
 So it's a hardware and software.
 
 Lei Xing 
 Panoramic iDrive, operating X, the way how the driver interacts with the center console, it's totally different. And then the Mercedes obviously had that big screen still. I think it's still, I say it's still in the past because I do not think huge coast to coast screen is where the industry is going in the future.
 
 Tu Le 
 And just seems a little complicated from a technical standpoint.
 
 Lei Xing 
 But
 
 I have not had a chance to try out the Mercedes. I did have a chance to try out the Panoramic iDrive in CES in Shanghai and I liked it based on kind of the human-machine interaction.
 
 Tu Le 
 And we should compare and contrast because BMW has a traditional center console that's shaped like a weird shaped iPad. And the iX3 is much more angular than the Mercedes. The Mercedes is much more curvy, smooth lines. And so definitely different approaches to the same segment.
 
 Lei Xing 
 I think the controversial things, one is the cockpit, second is the grill, the front facial fashion design, the kind of the exterior styling. I think both the BMW and Mercedes are going into very controversial directions that are going to have a lot of debate.
 
 Tu Le 
 I'm
 
 there for it because that's the only thing that's going to help them in the China market.
 
 Lei Xing 
 But
 
 I actually saw the iX3 in the flesh and the Mercedes GLC in the flesh that they're here exhibiting. Actually, in the flesh, it's not so bad if you look at the picture, but maybe you grow on it, but it's still a controversial.
 
 Tu Le 
 For
 
 me, it's not about clean energy vehicles for BMW. The design of BMWs has been a little bit controversial for several years now because the kidney grills have gotten bigger and bigger and that's ICE as well. you know, will it grow on me? I don't know. We'll see but...
 
 Lei Xing 
 Because if you look at the Chinese EVs, their homogeneity is this wraparound lighting that's coming on everywhere. the Germans, the kidney grill, it's got the illuminated kidney grill. The Mercedes got the LED, 942 squares of LED with the big illuminated logo.
 
 Tu Le 
 That's going to be on every grill in Mercedes now.
 
 Lei Xing 
 That's
 
 the future grill. And then the China factor will be both of these will be starting local production next year in China with the Chinese tech inside. BMW's got both BMW and Mercedes got the momentum for ADAS. BMW is working with Huawei, BMW is working with Alibaba I think. Mercedes obviously the local operating system I think like 60-70 percent.
 
 local software development. So right, these are the...
 
 Tu Le 
 So as the Europeans during Shanghai Auto Show all effectively said in China for China, well... Almost every press conference that we've been to is the Chinese OEMs are in Europe for Europe. Changan said it, who else said it? think XPeng said it. you know the one thing that...
 
 Lei Xing 
 Here it's in Europe for Europe.
 
 Yes, I did.
 
 Tu Le 
 We should also mention was last night I didn't go but there was the Polestar event. The Polestar 5. Polestar 5. Which is a model S size sedan.
 
 Lei Xing 
 Here's Dr. Heisman, former Volkswagen Group China chairman. Oh yeah, yeah, yeah. He's just walking, you know.
 
 Tu Le 
 And so Simon Wright from The Economist, Ed Kim from Auto Pacific, they did go and I spoke to them yesterday and Ed really liked it.
 
 Lei Xing 
 It's
 
 based on the concept Precept think yes that bells like launched like in 2020 or 2021. I think yeah
 
 Tu Le 
 But again, it's a sedan, Polestar is like almost on its last breath. Lastly, it starts at 142,000 euro. And it's built in China. So currently it's not meant for the U.S. market and that's probably because of the tariff. I don't know at 142,000 dollars who's going to buy that thing. And it only has
 
 Lei Xing 
 Okay, alright.
 
 Tu Le 
 351 miles of range, estimated range. we should mention that, but let's move to reflections of day one. You you and I went to the XPeng, you and I went to BYD, and then in between we kind of did our own thing, but XPeng event, what do you think?
 
 So first of all, let me say this because VDA, which is the organization that puts this IAA together, they said that participation from Chinese suppliers and OEMs increased by 40%.
 
 Lei Xing 
 way
 
 up. We were here in 2023 so we can check for that.
 
 Tu Le 
 So the next thing is that there's the second wave of OEMs, Chinese OEMs, the Changan, the Aito
 
 Lei Xing 
 Four
 
 things, the Aitos the 212s. Who the heck is 212? We'll talk about it. the Changan Deepal Speaking of, think one of the memorable slides that was shown at the launch was a slide with Chongqing, China.
 
 Tu Le 
 It's a two on two.
 
 yeah.
 
 Lei Xing 
 Next to, I posted on X about a picture is worth a thousand words with next to it is Munich, Germany. I mean that's the perfect collision of China East versus the West, right?
 
 Tu Le 
 So let's remind folks because Changan is the manufacturer of Deepol or Shenlan and also Aritalis and Avatar. Changan is launching the S05.
 
 Lei Xing 
 Have a talk.
 
 Deep Paul S05.
 
 So...
 
 We have to remember...
 
 Tu Le 
 The
 
 German police are so kind, so nice. A quick refresh for everyone, Changan is the manufacturer for Deepal for... which is Shenlan, Avatar. they're also the joint venture partner for Ford, famously, so... or infamously, depending on who you talk to. remind us what they all announced at the Changan presser.
 
 Lei Xing 
 Changan
 
 basically, well the other jarring thing was the guy who announced the pricing, Klaus Zerzer, was the former head of design at Volkswagen Group. Now he's the head of design for the Changan Group. And he announced the pricing of three trims of the Deepal S05. And when the prices came out, I was watching, was like, isn't this what's happening every day in Chinese market? You know when you watch live stream, the launches, you know.
 
 The price of this trim is how much, how much, and then boom, the price come out. Like it's from 38,000 to like 42,000, 43,000 for like a SUV. So I think that one of the central theme is they're coming, they're using this platform to announce these launches, but also platform to announce further progress in their European entry.
 
 Tu Le 
 And they also, most of them, also emphasize that they're opening offices, hiring local talent. So that's all part of the In Europe for Europe. And it's trying to give reassurances to the folks here in Europe, the media and the attendees that, hey, we're partners in this, right? Especially when...
 
 When XPeng and He Xiaopeng, said, you know what, Volkswagen Group and XPeng are partners, you know, so.
 
 Lei Xing 
 Well going back to XPeng, you asked about what happened to XPeng. I mean, the new cars, I've seen the P7, but 2026 is shaping up to be a huge year for XPeng because what was announced? They're gonna try to start mass production of their L4 vehicle.
 
 They're gonna start the human robot. They have the eVTOL, the Aero HT division. They're gonna try to start production with that. A lot of big plans dropping.
 
 Tu Le 
 And just so everyone has a better understanding, the Changan, the BYD, the XPeng we're still talking 10, 12 people deep. Hard to find a seat. We were early. Afonso was there. Alejandro was there. Steve Levine was there. yeah, Jiri was there from CarNewsChina. a lot of our friends here are covering it. So if you're in Spain,
 
 or check out CarNews China because Jiri was and Afonso were updating in real time effectively. ‚Åì my God. I don't know how they do it. And then if you're wondering if that 40 % seems real, let's just say two years ago when we were here, it was like,
 
 Lei Xing 
 I can't do that.
 
 Tu Le 
 Chinese people doing the pressers, but it was like local Europeans or cameramen, but now even the cameramen are Chinese.
 
 Lei Xing 
 Well, here's the perspective in 2023. was Munich was a few months after that initial shock in Shanghai. And then that shock came over here. But these past two years, I think that the legacy is they've been responding to that shock. And right. We talked about Mercedes, VW and they launching, you know, what they think will be the products that that will take them, you know.
 
 at least back to some of their mojo. And the Chinese, I think we can summarize, we talk about Chinese coming. They're coming. They're here, they're coming, they're coming more. And one thing up until now at this point, I have not heard a single word about tariffs
 
 Tu Le 
 Other
 
 Lei Xing 
 I mean, even though it is in place.
 
 Tu Le 
 We're in Germany and the German OEMs want to at least have the veneer of being a welcoming sector. Right now there has to be un ease behind closed doors and I think
 
 This is where a Stellantis and a Volkswagen group might have a little bit more of an advantage just because they've already partnered with Chinese companies. So if we think about it, if we're talking about show me, don't tell me.
 
 This is also going to be 2026, it's also going be a huge year for all the foreign OEMs, specifically the Mercedes and the BMWs because they are linchpin on the GLC and the IX3.
 
 Lei Xing 
 you know the 8000 pound gorilla BYD one of the numbers they showed they're in 32 countries in Europe 32 countries in Europe not the world okay
 
 Tu Le 
 Who was it? I'll sit next to somebody and go, there's 32 countries in Europe?
 
 Lei Xing 
 And then Stella, know, she announced they're going to introduce the flash charging, is can get slower, but you can get 400 kilometers in like 10 minutes and then 580 kilowatt speed. She announced certified pre-owned. Whenever you do that, that means you've been established.
 
 Tu Le 
 Mega Charger. which is not Mega Charger.
 
 So one of the big screw ups initially from the Chinese when they entered originally three, Forvias, five years ago was their lack of a plan for after-sale service. almost every presentation that we sat in, there was details, there were slides about pre-up, after-sale service.
 
 Lei Xing 
 Yeah, and then I have to check the slide because the other slide that Stella showed was...
 
 Tu Le 
 pictures. Yeah and we should note that not only did they have a press event at IAA during the day, they had a brand night in the evening across the street. So that's I attended.
 
 Lei Xing 
 One
 
 the slides that she showed was European product portfolio in 2025 and it must have been a dozen models splash across the screen.
 
 Tu Le 
 Well, she did say they are in 90 % of the segment.
 
 Lei Xing 
 And then they launched the SEAL 6DMI Touring with the 1350km range plug-in at just under 40,000 think.
 
 Tu Le 
 $46,000 I want to say. She also made
 
 Lei Xing 
 42,990. Okay, f*** you, sir.
 
 Tu Le 
 But she also announced that all Denzsa's will have the flash charging as standard. ‚Åì
 
 Lei Xing 
 So
 
 and then the Dolphin Surf which is the what's the Chinese the Seagull. You got that Euro NCAP 5 star. So that's incredible for a small car.
 
 Tu Le 
 So that seal, the DMI seal that you're talking about that they launched is an estate. So it's a station wagon, which is pretty big in Europe.
 
 Lei Xing 
 It's
 
 going to be popular vehicle to have.
 
 Tu Le 
 across
 
 the street at the event last night they had about six of them parked right in front.
 
 Lei Xing 
 And then the other slide that she showed was a ranking of BYD among global brand sales and the other brands she left out the entire word she only had the first letter. F means, T means Toyota right and then F means Ford, H means Hyundai and then it's BYD at number six so we can kind of guess who the brands were but...
 
 Tu Le 
 So, the day and a half that we've kind of been here, this will actually be the second day officially of the event, the other events were. So, yesterday wasn't as crowded. It's already seems twice as crowded as it was, and we're at nine o'clock in the morning. But my initial takeaways from yesterday walking around is that
 
 Lei Xing 
 First industry
 
 Tu Le 
 The second wave of OVMs is here, so I think we're starting to get pretty crowded in Europe. And then number two, the tier ones, the traditional tier ones in Europe, you know, the Forvias and things like that, board boarders, they better watch it because...
 
 Lei Xing 
 Well, you know, I have a response to that because I did attend some of the I went to Valeo. They announced the deal with Momenta a few days before the show started. And I think for these type of suppliers, Valeo, believe it or not, they're supplying one of the Aqua Blade wipers for the Li Auto i8. And Valeo in the Chinese market, their first joint venture was in 1994 that started production of wiper blades.
 
 They're still supplying in the Chinese market to a company like Li Auto, which, and they're now embracing the Chinese tech companies because they cannot survive and grow on their own, just like Momenta cannot grow on their own.
 
 Tu Le 
 But
 
 that's my home point, Lei. If you're gonna sell wiper blades, we see Horizon here, we see Black Sesame here, we see Qcraft here, we see DeepRoute here. So, I mean, all the Chinese suppliers, because here's the thing, and you help me here.
 
 Who are the European counterparts to the horizons, the black sesame? There isn't one. And we're talking silicon design companies, okay? So they're quickly gonna fill that void, okay? And we also saw that Qualcomm announced a partnership with QCraft. So there are dance partners all over the place and we're seeing...
 
 Lei Xing 
 Yeah.
 
 Tu Le 
 the legacy automakers here much more open to partnerships with Chinese companies and are also seeing tier ones because most of these tier ones can't win if they go it alone because they don't have silicon design in their DNA in their technical excellence and so my the reason I said they better watch it is because
 
 Lei Xing 
 That's kind of what I was eluding.
 
 Tu Le 
 they're gonna be stuck selling wiper blades to the OEMs here in Europe, whether you're Chinese or European.
 
 Lei Xing 
 Right, and the other thing is I still have a couple more days to go and on the agenda are including some test rides of these local solutions. For example, the Bosch and the We Ride are introducing an end-to-end ADAS in the Chinese market. So that's momenta. All right, they're launching the Uber Robotaxi next year. That was announced yesterday.
 
 NoiHCT, which is the new company started by Omovio, the spinoff from Conti, working with Horizon Robotics, they're showing a demo.
 
 Tu Le 
 Quick reminder, Conti's
 
 Lei Xing 
 That's
 
 correct. That's epitome of how the industry has changed. And Amovio is a company that doesn't have any debt. Which is good, right? And then, know the lidars. All three Chinese lidar companies are here. Hesai launched an 800 line lidar with a 400 meter detection range. They're top of the line lidar which they say...
 
 will be the model that get over the hump for level three, level four So, you know, like.
 
 Tu Le 
 So I'm gonna remind you of something. Remember the Neo Mobileye 6th partnership? That was probably four years ago? I don't see it in Munich. So again, see it to believe it. Well, but we do see cars with lidar on them.
 
 Lei Xing 
 of
 
 I saw it on Omoda On Omoda is the Chinese brand Chery, a global brand that's launching. They actually have an event today with the lidars on top.
 
 Tu Le 
 I saw Omoda
 
 Lei Xing 
 There's some IM vehicles which is using Momenta. They're running around doing demos.
 
 Tu Le 
 I'm really, well maybe not surprised, but Momenta has really, really come from behind.
 
 Lei Xing 
 their
 
 press conference which we were both at they only had their European head speaking
 
 Tu Le 
 was a small conference. I think the Europeans are still not that familiar with Momenta yet.
 
 Lei Xing 
 think it's
 
 going to be the localization of talent, localization of production, localization of R &D, same as what the foreign automakers in China.
 
 Tu Le 
 But I think what's most important is them hiring government affairs, trying to push through regulations and policy because you can have one or two vehicles on the road.
 
 as like a pilot or kind of a proof of concept. again, unless you want to compete with a Waymo, if you want to compete with a Baidu, you got to have a lot of capital. Number one, you got to have a lot of vehicles and people need to probably start paying for rides, you know, in the next 18 months. Does that happen? That needs to be through regulation and through policy change.
 
 Lei Xing 
 Yeah, I mean that's the other, I think the other thing for both of us is just reconnecting with the past contacts. I I think this is the one of, I wouldn't say only, but maybe an important venue where it's the only time we get to meet some of the contacts every year, right? Daniel! Right, Daniel, I mean we're gonna be going to Flynt.
 
 Tu Le 
 So for those that are wondering, Daniel Kirchert, co-founder of Byton, the old Chinese EV company that blew up, he's pivoted and is now looking at commercial vehicles with the help of GAC and he's the company
 
 Lei Xing 
 It's
 
 Miraco Motor, which is kind of a unit on our GAC group for electric LCVs.
 
 Tu Le 
 To your
 
 point, first of all there's a ton of people, journalists, non-journalists that are here. Always fun to see them in the last couple of nights. Because before we came on camera, Lei was like, are you sick? Because your voice sounds different. It's because I haven't, first of all, I drank a little alcohol in the last couple of nights, but I also didn't drink enough water.
 
 Lei Xing 
 And then the
 
 other thing I'll attend tomorrow is the WNEVC, which I missed last time, which you attended last time, which I think is an important menu where the CEOs will speak and kind of maybe talk a little bit more about the geopolitical stuff, you know.
 
 Tu Le 
 So one of the things that might not surprise you is the VDA hired one of the German Chinese entities to help them with like Weibo social and stuff. So there were some Chinese KOLs, quite a few Chinese KOLs that were interviewing executives of organizations, right?
 
 Lei Xing 
 We have to mention Ryan Chen, the Chongqing Trump. I think he was invited by Chang An because I met him. He does impersonations of Trump, right? But these KOLs, the Chinese automakers, they're bringing them over here. Once the press conference ended at the LeapMotor press conference, there was these ladies going up with these, what do call them, the head...
 
 like, you know, starting to interview Zhu Jiangming, the chairman of Leap Motor.
 
 Tu Le 
 Yeah, I don't know if that'll hit here. Maybe it gets a lot of views in China, but you're starting to see a lot of that as well. And with the help of some of the German entities with experience or operations in China, because I think they feel that that helps bridge some gap. And look, looks like some security up top. There must be an important person coming.
 
 Lei Xing 
 Well
 
 today is the opening day. So maybe there's some government...
 
 Tu Le 
 Maybe maybe the prime prime minister anyway, yeah, but dude, that's all I really have I'm actually leaving tomorrow morning I'm speaking at the automotive news Congress in
 
 Lei Xing 
 That's a lot.
 
 You have a great perspective on what's right.
 
 Tu Le 
 Yeah,
 
 so I was in China in April for the show. I was in China, what, a month ago or three weeks ago and now I'm in Munich. So we only got like 30 minutes on stage. It's like really weird.
 
 Lei Xing 
 Yeah,
 
 mean, there's like Four people. that much you can talk about. You probably only get like a few minutes.
 
 Tu Le 
 ‚Åì
 
 So anyways, hey everyone, thanks for joining us. Hopefully you enjoyed this special edition. Add any comments or questions you have. We want to make this more interactive. We're still digesting all of this stuff to be honest. Yeah, tonight is going to be a busy night. So we'll catch you all next week, hopefully for the live show.
 
 Lei Xing 
 Still a lot of events to go to.
 
 Alright, bye bye.